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Business strategy
How to deal with the challenge of inventory controlling
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[QUOTE="Augusta, post: 282619, member: 25283"] Inventory tracking takes a lot of time so it will need the use of software. Checking stock manually is not effective and leads to errors that can lead to inaccuracies and shortages.when it comes to managing inventory. To control inventory better you do the following; You can get inventory management software to be connected with barcode scanners.This will help to speed up the inventory tracking process which will help one know the inventory In stock and how to control it. Again to take away the umnecessary purchases of raw materials and equipment that will bring unnecessary customer dissatisfaction, boost good inventory then the adoption of management strategies would be highly needed You would also need to integrate into the Routine inventory audits you need to be carried this out which is the physical and cycle counts to identify discrepancies in the inventory. This will help reduce any challenge that could be faced during inventory stock. What's your thought on this? [/QUOTE]
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